Sec Form 4 Filing - CESPEDES EDWARD A @ PayMeOn, Inc. - 2017-02-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CESPEDES EDWARD A
2. Issuer Name and Ticker or Trading Symbol
PayMeOn, Inc. [ PAYM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
5961 NE 18TH TERRACE
3. Date of Earliest Transaction (MM/DD/YY)
02/21/2017
(Street)
FORT LAUDERDALE, FL33308
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/21/2017 J( 1 ) 11,250,000 A $ 0.5 ( 1 ) 14,074,142 I See Footnote ( 2 )
Common Stock 02/21/2017 P 1,000 A $ 0.405 14,075,142 D
Common Stock 02/21/2017 P 200 A $ 0.395 14,075,342 D
Common Stock 02/21/2017 P 200 A $ 0.395 14,075,542 D
Common Stock 02/21/2017 P 2,750 A $ 0.5 14,078,292 D
Common Stock 02/23/2017 P 500 A $ 0.0475 14,078,792 D
Common Stock 02/23/2017 P 100 A $ 0.57 14,078,892 D
Common Stock 02/23/2017 P 100 A $ 0.558 14,078,992 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CESPEDES EDWARD A
5961 NE 18TH TERRACE
FORT LAUDERDALE, FL33308
X X Chief Executive Officer
Signatures
/s/ Edward A. Cespedes 02/21/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the closing price of Issuer's common stock on February 21, 2017. On February 21, 2017, the Issuer completed a membership interest purchase agreement with Rockstar Acquisitions, LLC, which leverages its licensed intellectual property, technology and processes to produce Basalt Fiber Reinforced Polymer products that are used as replacements for steel products that reinforce concrete such as rebar, in exchange for 95,500,000 shares of its common stock.
( 2 )Securities held by EAC Management, LLC ("EAC Management"). Edward A. Cespedes is the sole owner and manager of EAC Management.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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